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The animal health care industry is involved in producing and selling products and services, ensuring the good health of animals, including household pets and food-producing animals.
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KeyTrendsintheAnimal HealthcareSector The animal health care industry is involved in producing and selling products and services, ensuring the good health of animals, including household petsand food-producinganimals. Parasiticides, antimicrobials, antibiotics, vaccines, growth promoters, feed additives, wearable tech,monitoringdevices,anddiagnosticproducts are examples of animal healthcare products whose development requires in-depth animal health research. Furthermore, with the rise in zoonotic diseases and upgradation in technology adoption, the animal health industryiswitnessingexcitingchanges.Playersintheanimal healthcaremarket,readalongas we discussthreetrendsintheanimal healthindustrythatyou can’tignore. VisionforSustainability Economies havestartedrecognizing theimportanceoflivestock production and animal health in the overall human and environmental well-being – a concept known as ‘One Health’. This concept is also beingpushedby.TheUNisalsopushingthisconceptthroughtheFood Systems Summit, highlighting animal health in its plan to enhance food security.Asaresult,thereisanincreasedfocusonpreventingtheloss of livestock due to diseases and promoting sustainable farming and animalwelfare,necessitatingeffectivepharmaceuticalproducts development.Butthisvisionofsustainabilitycan’tbe materialized
without sincere efforts in animal health market research. Animal health researchfirmsarehelpinghealthcareindustryplayersconductresearch and analyze animalhealth dataacrossdifferentregions. BreakthroughsinVaccineTechnology Some of the advancements in vaccine technology boosting vaccine accessibilityinanimalhealth caremarketare: 1)Massproductionofnovel mRNAtypevaccines topreventinfectious diseases in livestock and companion animal 2)Developmentofheat-resistantvaccinesforusagein sector. tropical virus. countriesfortreatingplague,rinderpestandcattle 3)Innovationinvaccinedeliverymethodssuchasusingconveyorbelts to vaccinate day-old chicks and vaccinating through the eggshell pre- hatchingincreasingvaccine coverage. AdoptionofOnlineDigitalHealthSolutions TheCOVID-19pandemicandsocialdistancing normspushed veterinarians and petowners toward telemedicine solutions. Digital health solutions are paving the way for adopting tech-driven solutions in animal care. For example, studies suggest that 56% of pet owners alreadyhavepet-specifictechnologytotrack/monitor theirpets' behavior. Such apps, wearable technologies, and AI integration could be invaluable in veterinary care. AI-based technologies would allow veterinarianstoquicklymakesense ofreamsof clinicaldatato diagnoseandmaketreatment-relateddecisions.Itwillsavetimeand
boost petcare.Other'futuristic'technologies, such3Dprinting,isbeing usedtocreateimplants,prostheticlimbs,andeventissuereplacements for pets. Veterinarians are increasingly using 2D images to generate practicemodels inpreparation forsurgery.TheR&Dbehind technologies like these is dependent on animal health research firms miningvaluable datafromthe animal healthmarket. Conclusion Healthy animals are essential for a healthy biosphere. Diligent efforts arerequiredtoproduce effectiveanimal healthcareproductsand services. With the aligned goal of robust animal healthcare, it is the onusof theanimal healthcareindustrytodeveloppreventative measures to keep animals healthy and limit disease spread within an animal population.Ifyouareintheanimal healthcaremarketlookingto capitalize onactionableand in-depth insights onanimalhealth, hire a healthcare market research agencywith domain expertise in animal health researchandanexperiencedpanelofKOLs.